Hire your kids so they can retire millionaires
The IRS lets you pay your kids for real work. That income can go into a Roth IRA and grow tax-free. $4k/year from age 10-18 becomes over $1M by retirement. The catch? Paperwork. Agreements, work logs, payment records. Most parents never bother because it's annoying. We make it easy.
employkids provides 100+ age-appropriate task suggestions (from modeling at age 4 to copywriting at age 14+) with built-in rate guidance. Parents can assign real household or business work, log hours and payments, and create timestamped records that prove fair-market compensation, combining financial education with legitimate employment.
employkids enables parents to legally hire their children for real work, document employment properly, and fund Roth IRAs with earned income. The platform generates required IRS documentation (employment agreements, timesheets, W-2 worksheets, tax packets) to ensure contributions withstand audit, allowing children to accumulate tax-free retirement savings starting as early as age 4-7.
The Pro plan ($499/year) allows business owners to log work separately for household and business tasks, track wage expenses, and deduct child wages as a business expense while skipping payroll taxes (15.3% FICA savings). The platform provides documentation to support these deductions in case of IRS audit.
employkids consolidates all employment records into a single downloadable tax packet with timestamped documents, eliminating manual spreadsheet management. Parents can regenerate documents anytime, and the platform handles signature certificates and activity history, reducing time spent organizing records for tax filing or audit response.
employkids automatically generates and organizes all required tax documentation: signed employment agreements, job descriptions, timesheets, payment ledgers, W-2 worksheets, and Roth contribution memos. Year-end tax packets bundle everything with full edit history and audit logs, eliminating the paperwork burden that typically causes families to abandon the strategy.